Groupe Pizzorno Environnement (LTS:0ELP) Altman Z-Score: 1.87 (As of Jul. 13, 2026) — 38% Above Median

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LTS:0ELP Groupe Pizzorno Environnement LTS:0ELP
80 GF Score
Price €62.00
GF Value €65.33
! 5 Warning Signs
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What is Groupe Pizzorno Environnement Altman Z-Score?

Groupe Pizzorno Environnement LTS:0ELP 80 Altman Z-Score is 1.87 as of Jul. 13, 2026, which is 38% above its 10-year median of 1.36. GuruFocus rates LTS:0ELP with a GF Score™ of 80/100 and a GF Value™ of €65.33. The stock has 5 warning signs investors should review. Among 237 Waste Management companies, Groupe Pizzorno Environnement ranks worse than 52.32% on this metric.

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Warning Sign:

Altman Z-score of 1.87 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

Groupe Pizzorno Environnement has a Altman Z-Score of 1.87, indicating it is in Grey Zones. This implies that Groupe Pizzorno Environnement is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.

The zones of discrimination were as such:

When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.

The historical rank and industry rank for Groupe Pizzorno Environnement's Altman Z-Score or its related term are showing as below:

LTS:0ELP' s Altman Z-Score Range Over the Past 10 Years
Min: 0.93   Med: 1.36   Max: 1.88
Current: 1.87

During the past 13 years, Groupe Pizzorno Environnement's highest Altman Z-Score was 1.88. The lowest was 0.93. And the median was 1.36.


Groupe Pizzorno Environnement  (LTS:0ELP) Altman Z-Score Explanation

X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.

X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.

X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.

X4, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.

X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


Groupe Pizzorno Environnement Altman Z-Score Related Terms


Groupe Pizzorno Environnement Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Groupe Pizzorno Environnement's Altman Z-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Groupe Pizzorno Environnement Altman Z-Score Chart

Groupe Pizzorno Environnement Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.49 1.67 1.71 1.88 1.83

Groupe Pizzorno Environnement Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Altman Z-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.71 0.00 1.88 0.00 1.83

LTS:0ELP vs WM, RSG, WCN: Altman Z-Score Comparison

For the Waste Management subindustry, Groupe Pizzorno Environnement's Altman Z-Score, along with its competitors' market caps and Altman Z-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Groupe Pizzorno Environnement Altman Z-Score vs Waste Management Industry

For the Waste Management industry and Industrials sector, Groupe Pizzorno Environnement's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Groupe Pizzorno Environnement's Altman Z-Score falls into.


LTS:0ELP
80GF Score
Groupe Pizzorno Environnement LTS:0ELP
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Groupe Pizzorno Environnement Altman Z-Score Calculation

Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

Groupe Pizzorno Environnement's Altman Z-Score for today is calculated with this formula:

Z=1.2*X1+1.4*X2+3.3*X3+0.6*X4+1.0*X5
=1.2*0.089+1.4*0.0676+3.3*0.089+0.6*0.9733+1.0*0.7891
=1.87

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency. GuruFocus does not calculate Altman Z-Score when X4 or X5 value is 0.

Trailing Twelve Months (TTM) ended in Dec. 2025:
Total Assets was €347.8 Mil.
Total Current Assets was €148.5 Mil.
Total Current Liabilities was €117.6 Mil.
Retained Earnings was €23.5 Mil.
Pre-Tax Income was €28.3 Mil.
Interest Expense was €-2.7 Mil.
Revenue was €274.5 Mil.
Market Cap (Today) was €238.5 Mil.
Total Liabilities was €245.0 Mil.

* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.

X1=Working Capital/Total Assets
=(Total Current Assets - Total Current Liabilities)/Total Assets
=(148.509 - 117.567)/347.837
=0.089

X2=Retained Earnings/Total Assets
=23.511/347.837
=0.0676

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(28.264 - -2.68)/347.837
=0.089

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=238.485/245.031
=0.9733

X5=Revenue/Total Assets
=274.482/347.837
=0.7891

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

Groupe Pizzorno Environnement has a Altman Z-Score of 1.87 indicating it is in Grey Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.

Frequently Asked Questions Learn more about Altman Z-Score →
What does a Altman Z-Score of 1.87 mean?
Groupe Pizzorno Environnement (LTS:0ELP) has a Altman Z-Score of 1.87 as of Jul. 13, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Groupe Pizzorno Environnement and its competitors. This is 38% above median its historical median of 1.36. Over the past decade, Groupe Pizzorno Environnement's Altman Z-Score has ranged from 0.93 to 1.88. According to the industry distribution chart, Groupe Pizzorno Environnement ranks #124 out of 237 companies in the Waste Management industry, placing it in the top 52.3%.
Is Groupe Pizzorno Environnement's Altman Z-Score too high?
Groupe Pizzorno Environnement's current Altman Z-Score of 1.87 is 38% above median its 10-year median of 1.36. Over the past 10 years, this metric has ranged from a low of 0.93 to a high of 1.88. The Waste Management industry median Altman Z-Score is 1.98. Groupe Pizzorno Environnement's value of 1.87 is 5.6% below this industry median. Based on the distribution chart, Groupe Pizzorno Environnement ranks #124 out of 237 companies in the Waste Management industry, which is below the industry midpoint. Overall, Groupe Pizzorno Environnement has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Groupe Pizzorno Environnement's Altman Z-Score compare to WM and RSG?
According to the Waste Management industry distribution chart, Groupe Pizzorno Environnement ranks #124 out of 237 companies for Altman Z-Score. This places Groupe Pizzorno Environnement in the lower half of its industry. The industry median Altman Z-Score is 1.98. Groupe Pizzorno Environnement's value of 1.87 is 5.6% below this benchmark. Historically, Groupe Pizzorno Environnement's own Altman Z-Score has ranged from 0.93 to 1.88 over the past decade. While the company's 10-year median is 1.36 vs. the industry median of 1.98, Groupe Pizzorno Environnement has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Altman Z-Score for a Waste Management company?
The median Altman Z-Score among Waste Management companies is 1.98, based on 237 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Groupe Pizzorno Environnement's current Altman Z-Score of 1.87 is 5.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Altman Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on Groupe Pizzorno Environnement and its competitors. For the Waste Management industry, the median Altman Z-Score is 1.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Groupe Pizzorno Environnement's current Altman Z-Score is 1.87, which is 38% above median its own 10-year median of 1.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Groupe Pizzorno Environnement stock overvalued right now?
Groupe Pizzorno Environnement (LTS:0ELP) has a current Altman Z-Score of 1.87. The stock's GF Value™ is €65.33, compared to a current price of €62.00 — trading 5.1% below its estimated fair value. The current Altman Z-Score is 1.87, which is 38% above median its 10-year median of 1.36 and 5.6% below the Waste Management industry median of 1.98. Groupe Pizzorno Environnement's overall GF Score™ is 80/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Groupe Pizzorno Environnement (LTS:0ELP), the current Altman Z-Score is 1.87 as of Jul. 13, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Groupe Pizzorno Environnement (LTS:0ELP) Overvalued in 2026?

Based on GuruFocus' analysis, Groupe Pizzorno Environnement stock appears to be undervalued. The current stock price of €62.00 is trading 5.1% below its estimated GF Value™ of €65.33.

Key valuation signals for LTS:0ELP:

  • Altman Z-Score: 1.87 (38% above median its 10-year median of 1.36)
  • GF Value™: €65.33 vs. price of €62.00 (5.1% below fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 5.6% below the Waste Management median (#124 of 237)

No single metric tells the full story. See the LTS:0ELP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Groupe Pizzorno Environnement Business Description

Other Exchanges GPE:France9X8:Germany
Address 109 rue Jean Aicard, Draguignan, FRA, 83300
Groupe Pizzorno Environnement is engaged in providing environmental services in France. It is involved in the collection, compaction, pressing, truck transportation, sorting, and treatment of household, commercial, and industrial waste. The company also provides sanitation services, including sewer and septic tank cleaning, and clean and dirty water system maintenance, as well as cisterns, basements, and other inundated sites pumping services; and industrial cleaning services for commercial spaces, malls, offices, public buildings.
80GF Score

Get the complete analysis for LTS:0ELP

Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€62.00
Price
€65.33
GF Value